*pixie*
DIS Veteran
- Joined
- Jan 13, 2008
- Messages
- 590
Resale buyers get the perk of not being able to use points for low value options.
Resale buyers get the perk of not being able to use points for low value options.
A critical point is that regardless of whether DVC is a direct purchase or via resale, ALL perks can be modified/discontinued by Disney. The DVC annual pass discount hasn't always been there and may be dropped in the future if Disney deems it beneficial to themselves.
I guess this comment is made only to make sure that nobody buys DVC based on the perks and benefits beyond what is in the contract. If staying at DVC resorts for a somewhat "locked in" cost (escalating every year through dues inflation) isn't a good enough reason to buy DVC, then the purchase shouldn't be made regardless of how it is made.
This is great information! I need to find this for myself.One of the issues with buying resale is that you don't get the contracts - its possible that the broker can get you a copy - and I think they may be out on the internet now. I know when I bought my resale, I didn't get a copy and had very little idea of the terms I'd signed onto - except as they had been explained to me here.
One of the issues with buying resale is that you don't get the contracts - its possible that the broker can get you a copy - and I think they may be out on the internet now. I know when I bought my resale, I didn't get a copy and had very little idea of the terms I'd signed onto - except as they had been explained to me here.
I believe resale buyers always get certified copies of their individual deeds. However, if by 'contract' you mean the Master Declaration of the Condominium Association of the DVC Resort and the Public Offering Statements, then the burden is on the resale buyer to secure a copy. Copies of the Master Declarations and POS for the resorts located at Walt Disney World, Indian River County (VB) and Beaufort County (HHI) can be electronically downloaded for free from the respective county's website.